MenuDrive

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MenuDrive - overview

Established

2009

Location

Albuquerque, NM, US

Primary Industry

Internet

About

MenuDrive is an online ordering and marketing platform tailored for the restaurant industry, enabling establishments to streamline their online ordering processes and enhance customer engagement through various marketing tools. MenuDrive specializes in providing a platform for restaurants to manage online orders efficiently. Founded in 2009 and headquartered in Albuquerque, US, the company was acquired by Lavu in April 2019. The acquisition marked a strategic move to enhance their service offerings.


The founder's background and previous ventures are not publicly detailed, but MenuDrive has focused on expanding its reach in the restaurant sector. MenuDrive provides a comprehensive online ordering and marketing platform specifically designed for the restaurant industry. Its core offering allows restaurants to create customized eCommerce sites for online ordering, streamlining the customer experience. The platform includes features such as social media integration, email marketing, loyalty programs, and coupon management, aimed at increasing customer engagement and repeat business.


Clientele includes a range of restaurants, bars, and breweries, all benefiting from flexible service options like curbside, takeout, and delivery. MenuDrive operates across key markets in the United States and Mexico, supporting local establishments in enhancing their online presence and sales. MenuDrive's revenue model is subscription-based, with restaurants paying fees for access to the platform and its marketing tools. Clients subscribe to various service tiers, which include features like storefront customization and analytics.


The company also offers premium services and advanced marketing tools as upsell opportunities. Importantly, MenuDrive enables clients to benefit from commission-free online ordering, allowing them to retain profits from sales made through the platform. This structure supports restaurants in maximizing their revenue without the need to share profits with third-party delivery services. Following its acquisition by Lavu in April 2019, MenuDrive plans to expand its product offerings further and enhance its platform functionalities.


The company is focused on introducing new features aimed at improving user experience and engagement. Additionally, MenuDrive is targeting expansion into new geographical markets, including additional cities across the United States and potentially exploring opportunities in Canada by 2023. Recent investments from Lavu will be directed towards these initiatives, helping to solidify its position in the competitive restaurant technology market.


Current Investors

Primary Industry

Internet

Sub Industries

Restaurants & Nightlife, Web Applications, Web Development

Website

www.menudrive.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MenuDrive - employee data

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